Press releases

Press release: Uber to acquire parking app SpotHero

Published: Feb 2026

23rd February 2026 — Uber Technologies, Inc. (NYSE: UBER) and SpotHero, Inc. today announced that they have reached an agreement for Uber to acquire SpotHero, bringing parking reservations onto the Uber app.

Press release news paper

Since launching in 2011, SpotHero has become the industry-leading parking reservation app, with millions of drivers easily finding affordable parking at more than 13,000 garages, lots, and valets across more than 400 cities in the U.S. and Canada.

Uber plans to offer a native, in-app parking reservation experience, powered by SpotHero, with a focus on parking for commuters, as well as at events, venues, and airports. In time, Uber One members can also expect to see parking benefits as part of their membership.

In turn, parking operators working with SpotHero will benefit from access to Uber’s large consumer base and network of vehicle charging and fleet partners.

“We’ve built Uber around giving people more ways to get around without needing a car. But for the moments when people do choose to drive, SpotHero on the Uber app will make the experience easier than ever, and bring more people into the Uber ecosystem,” said Uber CEO Dara Khosrowshahi.

“We’ve spent 15 years building SpotHero into the most trusted, high-performing digital parking network in North America. Joining forces with Uber will allow us to bring that experience to millions more drivers and make parking a natural part of the Uber platform,” said Mark Lawrence, CEO of SpotHero.

The acquisition is subject to the receipt of regulatory approval and satisfaction of other customary closing conditions and is expected to close in the first half of 2026.

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